Sponsored Ad | Levenstein Crypto Conference - Leaderboard

Battle for 7-Eleven shows resilience of Japan Inc's family ties

Battle for 7-Eleven shows resilience of Japan Inc's family ties

FILE PHOTO: People are seen at Seven & i Holdings Co's Seven Eleven convenience store in Tokyo, Japan January 12, 2017. REUTERS/Kim Kyung-Hoon/File Photo

A rise in shareholder activism in Japan is poised to fuel a new wave of management buyouts by founding families, after the battle for 7-Eleven’s parent company prompted a $58 billion takeover offer from the Ito dynasty that built the retail giant.